AAVE drops below $100 after Multicoin’s massive token transfer stirs fears.

Aave is trading below the $100 mark after pulling back from intraday highs, as investment firm Multicoin Capital appears to be reducing its exposure. Could the firm’s move, after deeper-than-expected losses, add fresh near-term selling pressure to the token? The decentralized finance giant’s native token recently slipped below $90 amid lingering security and liquidity concerns. origin »

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